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20131202
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Bloomberg
Dec 5, 2013 3:00pm EST
. jonathan heller. , a principal at wedge partners. china, a huge opportunity. what will it mean for apple if this happens? >> it will only need a little bit out of the gate. this will be a very expensive phone. they do not subsidize handsets the way they do in the united states. it will be a $800 purchase for consumers. it will be meaningful but maybe 18-20,000,000 units next year. >> 18-20,000,000 units? right now there are 12- 13,000,000 units that have been sold that are on china mobile's network that have come from hong kong, kind of through the back door. total about 20l next year, which is still a lot. >> what about the plans for emerging markets? >> we are probably more bullish. and you think about it, this is a huge deal. apple has 280 there's -- carrier planets. that is about 4 billion units. it is almost 800 million. obviously about 180 million are high value subs. equivalent of at&t and verizon. when middle-class is 11,500 u.s. dollars on the how can you possibly expect to sell millions of phones? >> i would not underestimate the capacity to purchase apple products. a huge sta
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